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Dec 28, 2012
12/12
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WRC
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four days until we hit the fiscal cliff. good morning everybody. i'm aaron gilchrist. >> i'm eric go-- erika gonzalez. it's the last friday of the year, mr. gilchrist. >> yes, it is. >>> we could be talking rain and snow by tomorrow morning at this time. let's take a live look outside. looks to be nice. there's v.j. >> hi guys. happy friday. >> happy friday to you. skies look pretty good
four days until we hit the fiscal cliff. good morning everybody. i'm aaron gilchrist. >> i'm eric go-- erika gonzalez. it's the last friday of the year, mr. gilchrist. >> yes, it is. >>> we could be talking rain and snow by tomorrow morning at this time. let's take a live look outside. looks to be nice. there's v.j. >> hi guys. happy friday. >> happy friday to you. skies look pretty good
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Dec 30, 2012
12/12
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CNNW
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no news is good news and fiscal cliff talks are at a standstill with neither side wanting to give ground at this point. >> trying to find a lining around that cloud, if there is one, and democrats and republicans are still talking. they are still trying to reach a deal to stop the spending cuts and tax hikes that are likely or possible to push our economy back into the recession if we go over the fiscal cliff. >> but ali, neither side is budging much. you have been reporting on it for the last couple of hours. friday though, president obama said that he was optimistic that the two sides could reach a deal. this morning, he sounded less positive though. >> if, you know, if people start seeing that on january 1st, this problem still has not been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal they gave them, and if they say that people's taxes have gone up which means consumer spending will go down. >> and keep in mind that the senate is the first hurdle. any deal has to pass the house. we are not into the
no news is good news and fiscal cliff talks are at a standstill with neither side wanting to give ground at this point. >> trying to find a lining around that cloud, if there is one, and democrats and republicans are still talking. they are still trying to reach a deal to stop the spending cuts and tax hikes that are likely or possible to push our economy back into the recession if we go over the fiscal cliff. >> but ali, neither side is budging much. you have been reporting on it...
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Jan 1, 2013
01/13
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CNNW
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our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess how that will go. if the house votes yes the measure would generate about $600 billion in new revenues over the next ten years. that is a big if, if you listen to what republican congressman phil gingrey said this morning. >> reporter: at one point the live and divide another day you have to dig in your heels and say by golly i'm going to die over this today because it's important to the people of my district and this country. >> are there enough votes in the house to pass this? it will take a combination of democratic and republican votes. if the senate measure does get through the house here is what the p
our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess...
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Jan 1, 2013
01/13
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CNNW
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meanwhile amid stay the chaos around the fiscal cliff, the new year actually was ushered in last night. and in many places it happened in grand style. the crowd estimated at 1 million packed new york's times square, and they counted down to 2013. ♪ >> 5, 4, 3, 2 -- happy new year! >> i can't believe i slept through that. and 2013 rolls into las vegas, a spectacular fireworks show lit up the night sky over the vegas strip. check that out. that's pretty cool. >> this is our new year's eve right here. >> this is how losers celebrate new year's, ladies and gentlemen. >> we're geeks. not losers. >> thank you very much. meanwhile other news two planes were damaged at fort lauderdale hollywood airport last night when the wing of a taxiing spirit airline flight clipped the tail section of a parked united airline jet. there was a gash in the tail section of the united plane but no fuel leaked from either aircraft and no injuries were reported. >> still to come on "early start" as we've been reporting, new details on secretary of state hillary clinton's health scare. a blood clot in her head.
meanwhile amid stay the chaos around the fiscal cliff, the new year actually was ushered in last night. and in many places it happened in grand style. the crowd estimated at 1 million packed new york's times square, and they counted down to 2013. ♪ >> 5, 4, 3, 2 -- happy new year! >> i can't believe i slept through that. and 2013 rolls into las vegas, a spectacular fireworks show lit up the night sky over the vegas strip. check that out. that's pretty cool. >> this is our...
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Jan 1, 2013
01/13
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MSNBCW
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boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up welcoming the new year. familiar faces on msnbc were in rare form starting with joe scarborough who tweeted, why can't washington ever put together a deal that cuts spending? this deal fails on most counts. it's a distressing failure of leadership. "morning joe" regular steve ratner tweeted, the only thing worse than this deal would have been no deal, or maybe not, he added. ezra klein wrote, obama isn't making it easier for rs to vote for this deal but probably thinks if the rs kill it they get all the fiscal cliff blame. >>> new information on secretary of state hillary clinton and the blood clot that has her hospital
boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wealthy. from capitol hill, steve handelsman, nbc news. bill, back to you. >> reaction to the senate's move was swift as many people were still up...
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Dec 30, 2012
12/12
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WBAL
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the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo. >> all that ahead, but first, here's fill griffith with the look at the stories making headlines this week. >> thanks, maria. here's what's making news as we are heading into a new week and new year on wall street. congress is working the weekend, attempting to avert some part of that $6 billion in automatic tax increases and the spending cuts that are set to kick in on january 1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked investors, t
the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo....
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Dec 30, 2012
12/12
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FOXNEWSW
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a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not overly optimistic but i'm cautiously optimistic. >> chuck schumer from new york continues to say the things, meaning a deal, always happens at the end. >> gregg: we'll probably hear about the change of cpi which is basically a new way of calculating an index the cost of living and slowing down the growth of sbph like social security. we'll probably hear about. mike, thanks very much. >> arthel: we're going to the white house where president obama is holding firm to his demand and blaming republicans for the failure to reach a deal. the president also appearing on a political talk show this morning
a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not...
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Dec 31, 2012
12/12
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CNBC
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and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor? >> pretty much. i mean, the outcome, if there is some type of healthy resolution to the fiscal cliff, even if they defer it for a week or two but come up with some healthy resolution, i think it bodes really well for global markets. if we wind up going into fiscal cliff and the world loses any faith in our government to accomplish anything that's helpful or relevant, i think that could impact the markets and it could impact the economy. >> there has to be a long-term impact, though. i mean, let's face it. any deal that they can come up with is an austerity deal. it will involve some form of tax increases, you would think, and some kind of spending cuts on the wealthy. that slows things down. it's not a gr
and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor? >> pretty much. i mean, the outcome, if there is some type of healthy resolution to the fiscal cliff, even if they defer it for a week or two but come up with some healthy...
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Dec 26, 2012
12/12
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MSNBCW
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cliff before the new year. and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billi
cliff before the new year. and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day,...
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Dec 31, 2012
12/12
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>> fiscal cliff. >> they confirmed baby news. i guess west announced it at a concert, and now kardashian has confirmed it. there you go. she's still married, by the way -- she's filed for divorce but still married. 72 days after they tied the knot, she filed for divorce from kris humphreys. >> scandalous. i'm very into this fiscal cliff thing. i haven't been following other popular news. but after today, i'm going to be so up on the kardashians. once we settle this fiscal cliff thing, which we're going to do. >> two words you don't hear together, sanjay gupta, and the kardashian update. >> we're keeping a close eye on washington and the fiscal cliff, which is why i didn't know about the kardashian-kanye thing. we're going to talk to chris from the national journal working his sources. >>> and now a new year's eve resolution for washington from you. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, and bring a balanced budg
>> fiscal cliff. >> they confirmed baby news. i guess west announced it at a concert, and now kardashian has confirmed it. there you go. she's still married, by the way -- she's filed for divorce but still married. 72 days after they tied the knot, she filed for divorce from kris humphreys. >> scandalous. i'm very into this fiscal cliff thing. i haven't been following other popular news. but after today, i'm going to be so up on the kardashians. once we settle this fiscal...
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Dec 26, 2012
12/12
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FOXNEWSW
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united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are no specific time or places on the books for an inperson meaning between the two. something else that remains to be seen is everybody will return to the table with a cooler head which the president shawas hopi for before he went on his family vacation. hoe over do you. >> the fiscal cliff we have been telling you so much about could be devastating for thousands of american businesses and their workers. the
united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important...
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Dec 28, 2012
12/12
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KQED
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if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to be 48 hours. >> you don't hear people talking, well a year from now, we really need to be here. you hear, well we need to do that this week. we need to do that day after tomorrow. this short-time frame horizon is new and i think people who think we are going to have tax reform and entitlement reform next year are way, way off base. >> cutting short his vacation but it's unclear whether he has the power to force a last minute solution through a deeply divided congress. >> darren gersh. >> so, joe, how bad could that be? >> i had, susie. unfortunately, the economy has been gaining momentum, if you look at the
if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to...
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Dec 26, 2012
12/12
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WBAL
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cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visit
cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand...
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Dec 28, 2012
12/12
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WMAR
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. >>> have you been swammed with news of a fiscal cliff where your property rates could rise if you don't take action. for half a million marylanders, they may be missing out on free money. we have more on that. >> reporter: we are talking about losing hundreds and possibly thousands of dollars if the homestead tax credit mick -- application is not filled out. we learned that many people are finding out about the deadline from the news. we will keep saying it until the end of the year. when the holiday lights go out, the bills start to pile up and any financial break is important to turn the lights on. >> we have been a homeowner owner i want my money. >> don't we all, the homestead tax credit went intoe if you into -- in the 70s and the credit is good for your home, not vacation homes. >>> we have plenty of properties getting credit that they are not entitled to. >> lawmakers came up with another plan, a one time application to update the database and cut out the fraud. >> our governor likes to tax and he will do it without telling us. >> everybody has gotten two applications mailed to t
. >>> have you been swammed with news of a fiscal cliff where your property rates could rise if you don't take action. for half a million marylanders, they may be missing out on free money. we have more on that. >> reporter: we are talking about losing hundreds and possibly thousands of dollars if the homestead tax credit mick -- application is not filled out. we learned that many people are finding out about the deadline from the news. we will keep saying it until the end of the...
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year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice president, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for individuals making more than $400,000 and couples with more than $450,000 in income. itemized deductions would be limited for individuals making more than $250,000 and couples making more than $300,000. the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the
year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice president, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for...
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Dec 30, 2012
12/12
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WMAR
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abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man was shot in the head overnight in north west baltimore. police were called to the 5300 block of cord -- kordellia avenue did -- cor deli-a. dough- - cordelia if you have any information on this case, contact baltimore city police at 410-396-2466. >>> a 15-year-old boy was shot during a robbery in baltimore county last night. it happened around 9 near the corner of windsor mill road and meadowview drive. police came to the scene
abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a...
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Dec 24, 2012
12/12
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KPIX
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. >>> between fiscal cliff talks and global economic recovery, business stories will continue to dominate the headlines as we head into the new year but there was also a lot to talk about in the last year. we recap the top business stories of 2012. >> reporter: the economy continued its slow recovery with help from the rebounding housing markets. both sales and prices increased. >> buyers are coming back. >> reporter: five major banks agreed to a $25 billion settlement for unfair mortgage practices. the ceo of jpmorgan chase has revealed a trading loss that cost the bank more than $6 billion. we made a mistake. i'm absolutely responsible. the buck stops with me. >> reporter: facebook cheered as its stock became available to the public. shares dropped quickly, eventually sliding into the 20s. the broader stock market gained ground. though wall street worried debt troubles overseas could cause a collapse of the european banking system. >> that could be very, very ugly. >> reporter: severe weather took a toll on the nation's economy. the drought scorched 80% of u.s. farmland. >> it is in a w
. >>> between fiscal cliff talks and global economic recovery, business stories will continue to dominate the headlines as we head into the new year but there was also a lot to talk about in the last year. we recap the top business stories of 2012. >> reporter: the economy continued its slow recovery with help from the rebounding housing markets. both sales and prices increased. >> buyers are coming back. >> reporter: five major banks agreed to a $25 billion...
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Dec 26, 2012
12/12
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FBC
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tracy: that is good news. let's go glass half-full. they fix this ink it. fiscal cliff solved. housing market, what, what's the big thing that you think 2013 will bring? it is the year of rental. of new construction. what should we expect to see if all goes well in washington? >> what we should expect to see is a continuation of the recovery which started this past year. you just reported that house prices are up about 4%. i'm expecting that house prices in 2013 will be up 3 to 4%. that is actually, a nice solid, steady recovery. you don't want it taking off and having increases of eight, 10, 15% because they're not sustainable. the best we can hope for is a good solid recovery. have some real positives. fundamentals are strong. house prices are down. affordability is up. rents, it cost less to own a house than to rent. the downside is we've got the government is continuing to distort the housing market and all markets for that matter and that potentially raises some red flags down the road. >> actually said that, from your notes, sewing the seeds of future disaster as long as
tracy: that is good news. let's go glass half-full. they fix this ink it. fiscal cliff solved. housing market, what, what's the big thing that you think 2013 will bring? it is the year of rental. of new construction. what should we expect to see if all goes well in washington? >> what we should expect to see is a continuation of the recovery which started this past year. you just reported that house prices are up about 4%. i'm expecting that house prices in 2013 will be up 3 to 4%. that...
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Dec 26, 2012
12/12
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MSNBCW
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. >>> and lawmakers one more time to avert the fiscal cliff before the new year. president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill
. >>> and lawmakers one more time to avert the fiscal cliff before the new year. president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will...
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Dec 31, 2012
12/12
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WETA
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year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for individuals making more than $400,000 and couples with more than $450,000 in income. itemized deductions would be limited for individuals making more than $250,000 and couples making more than $300,000. the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the s
year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for...
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Dec 28, 2012
12/12
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deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers will feel it immediately in their paychecks. those paychecks will be reduced. those making 40,000, 50,000 are going to see 1700 less a year. it continues as the wages increase. so people are going to feel this in their pocketbooks. >> all right, danielle, thank you. >>> last night on the rachel maddow s
deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire...
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Dec 31, 2012
12/12
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FOXNEWSW
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a big show coming up we, too, are counting down to the fiscal cliff to new year's eve to the nfl post season on my last day as you said and clayton's birthday mind you. an update on hillary clinton's condition in just about 10 minutes join us for "fox & friends" 6-9 eastern time. >> welcome back. it is 52 after the top of the hour. let's span the globe to see what's happening in headlines. hugo chavez is reporting from new complications following his recent cancer surgery there. so far we are hearing those complications are stemming from a respiratory infection and his condition is delicate. next to northern ireland where police officer manages to escape a bomb found under his car. so far no one is claiming responsibility for planting the device. finally to columbia where a massive land slide completely cut off a highway and buried cars there. at least five people were killed. a search is underway right now for 25 people that are missing. patti ann? >>> the count down to 2013 is on. over 1 million people preparing to pack times square to ring in the new year. lawmakers may ring in the
a big show coming up we, too, are counting down to the fiscal cliff to new year's eve to the nfl post season on my last day as you said and clayton's birthday mind you. an update on hillary clinton's condition in just about 10 minutes join us for "fox & friends" 6-9 eastern time. >> welcome back. it is 52 after the top of the hour. let's span the globe to see what's happening in headlines. hugo chavez is reporting from new complications following his recent cancer surgery...
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Dec 26, 2012
12/12
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the fiscal cliff. president obama is expected to cut short his vacation today and head back to washington to meet with republicans. >>> farmers worry about drought, insects, and disease. right now some say the biggest threat to their livelihood is congress. the fight in d.c. over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. >> people are nervous. >> very nervous. >> what are they saying when they're coming in? what are you hearing? >> what do we do? they don't know what to do. it's so uncertain right now that the banks don't know what to do, the farmers don't know what to do. they're out there plowing the land, getting it all
the fiscal cliff. president obama is expected to cut short his vacation today and head back to washington to meet with republicans. >>> farmers worry about drought, insects, and disease. right now some say the biggest threat to their livelihood is congress. the fight in d.c. over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and while congress has trouble sorting out a deal to prevent americans are slipping into a tax black hole some agreements just seem to breeze through china growth from want to wait news experience. welcome the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is to keep this massive government rolling and you can make special interest influences in washington d.c. for that when the cameras are on you know if they're on the red team they're going out there saying it's the welfare folks as well it's a people on food stamps or the people on extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about their corporate interests and this is why we can't come up with you but is an enemy when the cam
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and while congress has trouble sorting out a deal to prevent americans are slipping into a tax black hole some agreements just seem to breeze through china growth from want to wait news experience. welcome the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a...
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Dec 25, 2012
12/12
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WBAL
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it may not be a pleasant new year to avoid the fiscal cliff. some of the implications that could affect your wallet. those stories and >> i believe you said you are keeping your eye on a snowy vent your yid -- snow event. >> tomorrow, i think, we might have a little bit of slipping and sliding in the morning. there could be some freezing rain. this will be mostly a rain each event on wednesday. the storm is on saturday. that might be cold enough for snow. that will be the day. new year's eve looks good. >> we will be watching. merry christmas, everyone. the nightly news is next. the nightly news is next.
it may not be a pleasant new year to avoid the fiscal cliff. some of the implications that could affect your wallet. those stories and >> i believe you said you are keeping your eye on a snowy vent your yid -- snow event. >> tomorrow, i think, we might have a little bit of slipping and sliding in the morning. there could be some freezing rain. this will be mostly a rain each event on wednesday. the storm is on saturday. that might be cold enough for snow. that will be the day. new...
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Dec 31, 2012
12/12
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carefully . >>> more breaking news on the fiscal cliff with our john harwood at the white house. what are you hearing, john? >> bill, i just spoke to a republican leadership source in the house of representatives who said the house will not be voting on any potential deal that the senate strikes today. the source said we're not voting on this in the dead of night. what that means is is that technically we will go over the cliff tonight without a legislative solution. the impact of that may not be great because if a deal comes soon after midnight tonight, that would forestall the changes in tax tables that would be the way in which ordinary taxpayers would see the effect of higher rates. and budget sequester talks won't happen in the first day or two of the year. this is significant though because there was some deal that a deal could be struck that could clear the senate on an expedited procedure and clear the house tonight. i'm now told there will be no house votes tonight which means as i said in a technical sense, we go over the cliff. >> good thing it gives them more time to
carefully . >>> more breaking news on the fiscal cliff with our john harwood at the white house. what are you hearing, john? >> bill, i just spoke to a republican leadership source in the house of representatives who said the house will not be voting on any potential deal that the senate strikes today. the source said we're not voting on this in the dead of night. what that means is is that technically we will go over the cliff tonight without a legislative solution. the impact...
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Dec 30, 2012
12/12
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CNNW
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that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means for real people and real terms, would be that social security recipients would see smaller checks on a monthly basis and that's why democrats are saying that this is a nonstarter. the president did propose this to the house speakers as part of a larger deal. he even talked about it again this morning on nbc, the president. but democrats are saying that they simply do not see this in this miner, smaller mini deal. they don't want to deal with the entitlement issue at all until a later date when they can deal with it in a broad sense. here's an example of wh
that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means...
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new year's danger the u.s. is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later for now though it's me research i live in the moscow st. now trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out here's our washington d.c. correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its defi
new year's danger the u.s. is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later...
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Dec 27, 2012
12/12
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KGO
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how starbucks is taking a public stand on looming fiscal cliff. >> i'm michael finney. did you receive a new tv over the holidays? coming up, best money-saving options for a home theater system. (;ñ;ñ;ñ;ñ;ñ$x >>> church supposed dob a save haif yerngs a place to worship in peace. >> an east bay mother is in the hospital after protecting her children fromhc a stray bullet. she's talking with abc 7 news about this ordeal. >> nick smith joins us live with the story. nick? >> cheryl, dan, good evening. maria is expected to survive her injuries. she expected them to learn a lesson about the christmas holidays. instead, her children sought mother, shot, hit by a stray bullet. maria has a frightening story to tell. >> we're at church with my daughter and people passed by shooting at church. >> she spoke to me from hervhlé hospital bed, shaken by the scene of events plague out on monday night. >> i look back and saw a bullet coming at my son's head. i threw myself over my son. >> the reverend was selling -- telling a 4i whe when... >> boom, boom.'h7qsç we had to stop t
how starbucks is taking a public stand on looming fiscal cliff. >> i'm michael finney. did you receive a new tv over the holidays? coming up, best money-saving options for a home theater system. (;ñ;ñ;ñ;ñ;ñ$x >>> church supposed dob a save haif yerngs a place to worship in peace. >> an east bay mother is in the hospital after protecting her children fromhc a stray bullet. she's talking with abc 7 news about this ordeal. >> nick smith joins us live with the...
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Dec 28, 2012
12/12
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to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you thi
to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff,...
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Dec 28, 2012
12/12
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live in federal hill, linda so, abc2 news. >>> for almost two months the threat of a fiscal cliff has been a topic of discussion even as no compromise appears to be in the cards. if our elected leaders fail to come through with a deal will it impact you and if so how. charley is live at the live desk and it could be a bigger deal than we realize. >> this could be a big deal indeed. for weeks now we have brought you back and forth here's only thing you need to know this morning. the gop is refusing to raise tacks on anyone and democrats don't want to cut funding to government programs. caught in the cross fire of this is all of us. you, me and come tuesday, all of our taxes will go up and here's how it could affect you. if you are living paycheck to paycheck with no room to cut expenses you could be in real trouble if this agreement is not reached. a failure to renew the bush era tax cuts could mean 2 to 4,000 dollars per year in increases for most americans. according to the towson university it breaks down like this. if you make 25,000 dollars a year, your taxes are going up about 42
live in federal hill, linda so, abc2 news. >>> for almost two months the threat of a fiscal cliff has been a topic of discussion even as no compromise appears to be in the cards. if our elected leaders fail to come through with a deal will it impact you and if so how. charley is live at the live desk and it could be a bigger deal than we realize. >> this could be a big deal indeed. for weeks now we have brought you back and forth here's only thing you need to know this morning....
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Dec 27, 2012
12/12
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is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this holiday season. according to a new survey from forse amazon took the top spot thanks in part to its wide variety of merchandise and its user-friendly site. that's the latest from fox biz is about business, giving you the power to prosper [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not ke viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term
is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are still fighting for their lives the red wings plane skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy. for national looks at how events unfolded. the twenty ninth of december the last working day of two thousand and twelve in russia four pm business is closed all business put off until the next year but i'm alays friends employees jump into their cars and escape the busy capital he's got highway heads to the west a region where most o
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are...
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a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the runway and right into the bank of a major highway on saturday experts believe bad weather breaks or simply could have led to the tragedy. unfolded the twenty ninth of december the last working day of two thousand and twelve in russia. business is. the next here families. jump into their cars and escape the busy capital. highway heads to the west of moscow region where most of the luxury states and country houses are located traffic jams are common this time of the day and this time of the year
a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the...
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Dec 30, 2012
12/12
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the people in extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about corporate interests and this is why we can't come up with video but isn't it me when the cameras are off and it's time to pass a trillion dollar nearly trillion dollar defense bill they have no problem whatsoever coming to coming together and holding hands with that kind of a deal together since two thousand and one namely we've been governing this nation by proxy the world by crisis and it doesn't matter who gets or
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the...
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to reach a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels pressed on with the offensive in the north of the country they reportedly take over an oil pumping station after days of intense fighting calls for dialogue from russia and the international peace envoy. trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up like. another crew member has died after a passenger jet crashed at one of moscow's busiest ports it brings the number of dead to five three others are still fighting for their lives in hospital the red wings playing skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy artie's reef an ocean and now looks at how th
to reach a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels pressed on with the offensive in the north of the country they reportedly take over an oil pumping station after days of intense fighting calls for dialogue from russia and the international peace envoy. trying to find a way...